SECURITY BENEFIT(SM)
                                                     SECURITY DISTRIBUTORS, INC.
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                                       FIRST SECURITY BENEFIT LIFE INSURANCE AND
                                                     ANNUITY COMPANY OF NEW YORK
                                                 70 WEST RED OAK LANE, 4TH FLOOR
                                                          WHITE PLAINS, NY 10604

                                                MARKETING ORGANIZATION AGREEMENT
                                                       SUPERVISORY FEE AMENDMENT

                                EliteDesignsSM Variable Annuity (the "Contract")

Marketing Organization:

EFFECTIVE DATE:


This Supervisory Fee Amendment (the "Amendment") is hereby made a part of and
amends your selling agreement including, but not limited to, the FSBL Variable
Products Sales Agreement and/or Marketing Organization Agreement, as applicable
(hereinafter called the "Agreement"), with First Security Benefit Life Insurance
and Annuity Company of New York and Security Distributors, Inc. (hereinafter
jointly called "FSBL"), and any compensation payable hereunder is subject to the
provisions contained in the Agreement, as amended.

1.   ADMINISTRATIVE FEE FOR SUPERVISION: FSBL acknowledges that Marketing
     Organization has responsibility for supervision of its registered
     representatives that sell the Contract (referred to herein as
     "Marketer(s)") and Marketing Organization is not compensated in connection
     with sales of the Contract as the current commission rate for the Contract
     is 0%. Accordingly, FSBL agrees to compensate Marketing Organization
     pursuant to the schedule below for administrative services provided in
     connection with supervision of its Marketers:




                                                             
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                AGGREGATE CONTRACT VALUE                                       ANNUAL ADMINISTRATIVE FEE(2)
             OF ELITEDESIGNS CONTRACTS (1)                   (AS A PERCENTAGE OF THE AGGREGATE CONTRACT VALUE OF ELITEDESIGNS
                                                         CONTRACTS SOLD FOR WHICH MARKETING ORGANIZATION IS THE BROKER OF RECORD)
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                 Less than $25 million                                                     0.05%
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                  $25 million or more                                                      0.10%
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(1)  FSBL determines the applicable percentage on the basis of aggregate
     Contract Value of EliteDesigns Contracts for which Marketing Organization
     is the broker of record as of December 31 of the prior calendar year, or
     the Effective Date of this Amendment during the calendar year in which this
     Amendment is first effective.

(2)  FSBL will pay the Administrative Fee as of the end of each full calendar
     month during which this Amendment is in effect. The amount of the
     administrative fee will be equal to 1/12 of the applicable percentage set
     forth above times the aggregate Contract Value as of the applicable
     calendar month end of those Contracts sold for which Marketing Organization
     is the broker of record.

(3)  Notwithstanding the foregoing, during calendar year 2007, FSBL will pay an
     annual Administrative Fee of 0.10% without regard to the amount of
     aggregate Contract Value. Thereafter, FSBL will pay the Administrative Fee
     set forth in the table above while this Amendment is in effect.

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2.   TERMINATION OF THE AGREEMENT: In the event of termination of the Agreement
     or this Amendment for any reason, any rights to receive compensation under
     this Amendment shall be terminated. FSBL reserves the right to amend or
     terminate this Amendment at any time upon ten days' prior written notice to
     Marketing Organization.

THIS AMENDMENT replaces any previous agreement for the Contract listed above
with regard to an administrative fee for supervision as of the Effective Date
set forth above.


SECURITY DISTRIBUTORS, INC.


By:      /s/ Gregory J. Garvin
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Title:         President
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MARKETING ORGANIZATION


By:
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Title: --------------------------